Knight/Trimark Group, Inc. Message Board

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Non-Tech : Knight/Trimark Group, Inc.

KCG 20.00

0.0%

Aug 17 5:00 PM EST

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To: 1-DAY-TRADER who wrote (960)	5/7/1999 10:04:00 AM
From: Dalin	Read Replies (1) of 10027

Looks like your idea of a interest rate hike is bull!! This from briefing.com: 09:15 ET: Talk about being hard to please... Long-bond now up just 1 tick, but was down 10 ticks moments ago with its yield at 5.81%... Accordingly, expectations for a strong open have been adjusted downward to a modestly higher open as S&P futures is +1.70 after being up as many as 10 points immediately following the release of the employment data... For the record, if the unemployment rate holds steady and wage growth is not accelerating, there is no persuasive argument for tightening... Simply put, tightening fears are exaggerated and the Fed will stay the course. BTY!! D.

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